Bank of New York Mellon Corp Cuts Stake in Comcast Corporation $CMCSA

Bank of New York Mellon Corp decreased its stake in Comcast Corporation (NASDAQ:CMCSA) by 0.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,837,127 shares of the cable giant’s stock after selling 55,299 shares during the period. Bank of New York Mellon Corp owned approximately 0.70% of Comcast worth $811,803,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Capital A Wealth Management LLC grew its position in Comcast by 173.7% in the second quarter. Capital A Wealth Management LLC now owns 687 shares of the cable giant’s stock valued at $25,000 after acquiring an additional 436 shares in the last quarter. Avalon Trust Co boosted its stake in shares of Comcast by 433.3% in the second quarter. Avalon Trust Co now owns 768 shares of the cable giant’s stock valued at $27,000 after purchasing an additional 624 shares during the period. Howard Hughes Medical Institute purchased a new position in shares of Comcast in the second quarter valued at $29,000. Princeton Global Asset Management LLC grew its holdings in Comcast by 403.5% during the 2nd quarter. Princeton Global Asset Management LLC now owns 856 shares of the cable giant’s stock valued at $31,000 after purchasing an additional 686 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. purchased a new stake in Comcast during the 2nd quarter worth $31,000. 84.32% of the stock is currently owned by hedge funds and other institutional investors.

Comcast Stock Performance

CMCSA stock opened at $28.41 on Thursday. The stock’s 50 day simple moving average is $28.31 and its 200 day simple moving average is $30.40. Comcast Corporation has a 12-month low of $25.75 and a 12-month high of $37.97. The firm has a market cap of $103.52 billion, a P/E ratio of 4.73, a P/E/G ratio of 2.02 and a beta of 0.81. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.96.

Comcast (NASDAQ:CMCSA) last released its earnings results on Thursday, October 30th. The cable giant reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.02. The firm had revenue of $31.20 billion during the quarter, compared to analyst estimates of $30.74 billion. Comcast had a net margin of 18.33% and a return on equity of 18.06%. The firm’s revenue for the quarter was down 2.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.12 earnings per share. As a group, equities research analysts predict that Comcast Corporation will post 4.33 EPS for the current year.

Comcast News Roundup

Here are the key news stories impacting Comcast this week:

• Positive Sentiment: Xfinity will offer RealTime4K streaming for Super Bowl LX — a product/marketing push that can boost subscriber engagement and premium streaming usage around a marquee live event. Xfinity Introduces RealTime4K for Super Bowl LX
• Positive Sentiment: Versant Media Group spin‑off continues to reshape Comcast’s core business map — investors may view the separation as value‑unlocking and a way to sharpen Comcast’s focus on core broadband/entertainment operations. Is Comcast Quietly Redrawing Its Core Business Map With the Versant Spin-Off?
• Neutral Sentiment: Multiple preview pieces are setting expectations for Comcast’s upcoming Q4 earnings, highlighting revenue mix, ad trends and subscriber dynamics — these previews increase short‑term volatility around the print but don’t change fundamentals until results are released. Comcast Gears Up to Report Q4 Earnings
• Neutral Sentiment: Analysts and market commentaries see the stock potentially range‑bound after the spin‑off and recent technical setup — expect trading to be driven by quarterly results and subscriber/ad revenue data. Why Comcast Stock May Stay Tuned To A Range
• Neutral Sentiment: Reported short‑interest figures for late January show apparent large increases but the published totals contain zeros/NaN values — the data looks unreliable; if genuine, rising short interest would be a bearish signal, but the anomaly makes the item ambiguous for immediate trading decisions.
• Negative Sentiment: BNP Paribas Exane trimmed its price target slightly to $28.00 and maintained a “neutral” rating — this modest cut signals limited upside from current levels and may weigh on investor sentiment near the stock’s recent trading price. BNP Paribas Exane Adjusts Price Target on Comcast

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on CMCSA shares. Barclays set a $28.00 price objective on shares of Comcast and gave the company an “equal weight” rating in a research report on Tuesday, January 13th. Deutsche Bank Aktiengesellschaft lowered their price objective on Comcast from $44.00 to $40.00 and set a “buy” rating for the company in a research note on Monday, November 3rd. Loop Capital cut their target price on Comcast from $43.00 to $40.00 and set a “buy” rating on the stock in a research report on Friday, October 31st. KeyCorp downgraded shares of Comcast from an “overweight” rating to a “sector weight” rating in a research report on Thursday, October 30th. Finally, Moffett Nathanson cut their price target on shares of Comcast from $58.00 to $53.00 and set a “buy” rating on the stock in a report on Thursday, November 13th. Eleven investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Comcast has a consensus rating of “Hold” and an average target price of $35.47.

Comcast Company Profile

Comcast Corporation (NASDAQ: CMCSA) is a diversified global media and technology company headquartered in Philadelphia, Pennsylvania. Its principal operations are organized around Comcast Cable, which provides broadband internet, video, voice and wireless services to residential and business customers in the United States under the Xfinity and Comcast Business brands, and NBCUniversal, a media and entertainment group that develops, produces and distributes content across broadcast and cable networks, film, and streaming platforms.

NBCUniversal’s assets include the NBC broadcast network, a portfolio of cable channels, Universal Pictures and other film and television production businesses, and the Peacock streaming service.